Low-Code Development Platform Market
Market Size and Growth
The Global Low-Code Development Platform Market reached US$ 14.2 billion in 2022 and is expected to reach US$ 107.3 billion by 2030, growing with a CAGR of 28.9% during the forecast period 2024-2031.
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Key Development:
United States: Recent Low‐Code Development Platform Developments
✅ In November 2025, OutSystems secured a $250 million investment led by Koch Industries, boosting its valuation above $5 billion and underscoring significant investor confidence in low‐code enterprise platforms.
✅ In October 2025, Rocket.new raised $15 million in seed funding led by Salesforce Ventures to accelerate its AI‐powered low‐code platform for full‐stack app development from natural‐language prompts.
✅ In September 2025, Descope secured $35 million in seed extension funding, strengthening its low‐code/no‐code identity and access management platform to support user journey building at scale.
✅ In September 2025, EvoluteIQ raised $53 million to advance its AI‐driven enterprise automation platform with low‐code orchestration and data‐centric workflow tools.
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Japan: Recent Low‐Code Development Platform Developments
✅ In December 2025, Google Workspace launched App Maker, a new low‐code development platform available to the public – marking an expansion by a major global tech provider into low‐code tooling accessible in Japan and worldwide.
✅ In December 2025, Japanese enterprises and developers gained broader access to global low‐code tools as cloud platforms expanded services (e.g., low‐code offerings by Salesforce, Microsoft and others) into the APAC region, enhancing local capability.
✅ In November 2025, the 2025 Low Code Application Platform (LCAP) Technology Value Matrix was released, highlighting leading low‐code vendors and validating the maturity of low‐code platforms used across Japan’s enterprise digital transformations.
✅ In October 2025, Mitel announced the global launch of its GenAI‐powered low‐code/no‐code integration platform (Mitel Workflow Studio), enabling drag‐and‐drop automation that supports Japanese business adoption.
Recent Mergers and Acquisitions:
United States: Recent Low‐Code M&A Activity
✅ In December 2025, enterprise work platform ClickUp acquired AI coding automation startup Codegen, integrating Codegen’s AI coding agents into its platform to accelerate developer automation and autonomous workflow generation.
✅ In November 2025, Workday announced its acquisition of low‐code development platform Flowise, strengthening its AI‐driven business solutions suite and enhancing workflow automation and custom app creation capabilities within its enterprise ecosystem.
✅ In October 2025, Salesforce acquired AI-driven low-code platform AppOrbit, expanding its low-code orchestration tools and enabling enterprises to rapidly deploy cloud-native applications with integrated AI capabilities.
✅ In September 2025, OutSystems completed the acquisition of a U.S.-based no-code workflow automation startup, enhancing its platform with AI-powered process automation and accelerating enterprise digital transformation.
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Japan / Asia‐Pacific: Recent Low‐Code M&A Activity
✅ In December 2025, UK-based low-code platform Jadu was acquired by Netcall plc, broadening Netcall’s software suite for customer engagement and low-code web experience tools in the Asia-Pacific and global markets.
✅ In November 2025, NTT Data acquired a Japanese startup specializing in AI-powered low-code enterprise workflow automation, aiming to integrate the platform into its existing services for Japanese enterprises.
✅ In October 2025, Fujitsu invested in and acquired a minority stake in a domestic low-code platform startup, strengthening its hybrid cloud and digital workplace offerings for enterprise clients.
✅ In September 2025, NEC Corporation acquired a low-code/ no-code application platform startup in Tokyo, expanding its AI-driven enterprise automation solutions for local and regional clients.
Key Players:
=> Salesforce, Microsoft, Appian oracle, Pegasystems, Magic Software Enterprises, AgilePoint, OutSystems, Zoho, Quick Base.
Key Segments:
By Component
Platform dominates with 60% share, driven by demand for integrated digital platforms across industries.
Services hold 40% share, covering consulting, implementation, maintenance, and support services.
By Type
Web-based solutions lead with 45% share, preferred for accessibility and cloud integration.
Mobile-based accounts for 30%, driven by enterprise mobility and remote workforce requirements.
Desktop and Server-based hold 25%, used in legacy systems and high-security applications.
By Organization Size
Large Enterprises lead with 55% share, adopting comprehensive solutions for complex operations.
Small and Medium-Sized Enterprises (SMEs) account for 45%, increasingly adopting cloud and SaaS platforms.
By End-User
BFSI dominates with 20% share, leveraging platforms for digital banking, insurance, and fintech solutions.
Retail and eCommerce: 15%, focused on omnichannel platforms and customer engagement tools.
Government and Defense: 10%, driven by secure and scalable solutions.
Healthcare: 12%, digital patient management, telemedicine, and operational efficiency.
IT: 15%, supporting enterprise software, cloud services, and infrastructure.
Energy and Utilities: 8%, focused on automation, monitoring, and optimization.
Manufacturing: 10%, for industrial automation, production monitoring, and supply chain.
Others: 10%, covering education, logistics, and emerging sectors.
By Region
North America – 35% Share
Early adopters of digital platforms; strong cloud and SaaS ecosystem.
Europe – 25% Share
Focus on regulated industries and digital transformation initiatives.
South America – 5% Share
Growing SME adoption and emerging enterprise digitalization.
Asia Pacific – 30% Share
Rapid digital transformation, mobile-first adoption, and government-led digital initiatives.
Middle East & Africa – 5% Share
Emerging market; demand in BFSI, government, and energy sectors.
FAQ
What is the current size of the Low-Code Development Platform Market?
A: In 2022, the Low-Code Development Platform Market was valued at US$ 14.2 billion , reflecting its strong industry presence.
Q2: How large is the Low-Code Development Platform Market expected to be by 2030?
A: By 2030, industry forecasts suggest the Low-Code Development Platform Market will grow to around US$ 107.3 billion, demonstrating significant expansion.
Q3: What is the growth rate of the Low-Code Development Platform Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 28.9% during the forecast period from 2024 to 2031.
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